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  1. 16-05-2016, 09:18 PM #1711
    Landyman
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    I only had a quick glance, but if the HOA is non-binding, and the other party has all the rights, wont they just let the HOA lapse, and do it themselves. I hope not
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  2. 16-05-2016, 10:32 PM #1712
    bullish
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    Quote Originally Posted by digger View Post
    I do not like the sound of it.Hope in this non honor world it is not just a plot to push NTL out. The comment stating that NTL has held the exploration permit for 19 years seems to be a plea asking for others to be reasonable. Hope I am wrong but it makes me uneasy.
    Given the hoa was in place when ntl already had lodged the Eol (follow announcements back) and there is no such suggestion of anything except extension of same hoa. That says it all does it not. Why would Newcrest extend an hoa once Eol declined??
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  3. 17-05-2016, 08:31 AM #1713
    jonu
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    Quote Originally Posted by bullish View Post
    Given the hoa was in place when ntl already had lodged the Eol (follow announcements back) and there is no such suggestion of anything except extension of same hoa. That says it all does it not. Why would Newcrest extend an hoa once Eol declined??
    Because of the data and expertise NTL have on board for the area, and the access from their end. That latest board appointment was for good reason.
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  4. 17-05-2016, 10:02 AM #1714
    Landyman
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    What? Someone didnt like the announcement yesterday - dumped on market first thing this morning.....and continuing.
    Last edited by Landyman; 17-05-2016 at 10:12 AM.
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  5. 17-05-2016, 10:22 AM #1715
    bucko
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    I'm happy to snap up a few more
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  6. 17-05-2016, 10:23 AM #1716
    gmatt
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    Quote Originally Posted by Landyman View Post
    What? Someone didnt like the announcement yesterday - dumped on market first thing this morning.....and continuing.
    Read this ....

    https://www.nzx.com/files/attachments/235531.pdf
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  7. 17-05-2016, 10:33 AM #1717
    Landyman
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    MY bad, I missed the rights announcement completely. I will go back to my cave now.
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  8. 17-05-2016, 10:42 AM #1718
    gmatt
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    Quote Originally Posted by Landyman View Post
    MY bad, I missed the rights announcement completely. I will go back to my cave now.
    Will be interesting to see what the SP is at end of day's trading
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  9. 17-05-2016, 10:54 AM #1719
    whatsup
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    Quote Originally Posted by Landyman View Post
    MY bad, I missed the rights announcement completely. I will go back to my cave now.
    when and where was it announced?
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  10. 17-05-2016, 11:04 AM #1720
    Rosco
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    I've got to say that I missed this aswell.

    Found the announcement on the NZX. No explanation of reasons etc, pretty poor form by NTL. Almost as if they are trying to 'slide it under the radar'.

    https://www.nzx.com/companies/NTL/announcements/282461
    Last edited by Rosco; 17-05-2016 at 11:05 AM.
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